A legal or natural person appointed in merger cases to oversee the implementation of commitments and to contribute to their implementation where required. The trustee is appointed by the parties who have offered commitments the Commission with the Commission’s approval. His powers and duties are set out in the Trustee mandate, an agreement between the trustee and the parties - again subject to the Commission’s approval. The Trustee normally has the power to propose and if necessary impose measures on the parties to ensure compliance with the commitments as well as an irrevocable mandate to effect the divestiture of the business or businesses to be sold, at no minimum price, if the parties fail to do so within a given period. European Commission
This Glossary matches the list of keywords used by Concurrences search engine. Each keyword is automatically updated by the most recent EU and national case laws from the e-Competitions Bulletin and Concurrences Review. The definitions are excerpt from DG COMP’s Glossary of terms used in EU competition policy (© European Union, 2002) and the OECD’s Glossary of industrial organisation economics and competition law (© OECD, 1993).
Trustee (mergers)
Glossary
A
Absolute territorial protection
•
Abuse of dominant position
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Abuse of economic dependence
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Access to essential facility
•
Access to information
•
Access to the file
•
Agency agreement
•
Agent
•
Agreement (notion)
•
Amicus curiae
•
Ancillary restraints
•
Annulment
•
Anticompetitive objet or effect
•
Anticompetitive practices
•
Applicable law
•
Arbitration
B
C
Cartel
•
Clearance phase I (merger)
•
Clearance phase II (merger)
•
Collecting society
•
Collective dominance
•
Collective redress (class action)
•
Competence
•
Competition policy
•
Competition policy
•
Complaint
•
Compliance programme
•
Compulsory license
•
Concerted practices
•
Concession
•
Concurrent jurisdiction
•
Consumers protection
•
Consumers’ associations
•
Control (change)
•
Control (notion)
•
Cooperation Agreement
•
Cooperation between competition authorities
•
Coordinated effects
•
Copyright
•
Corporate group
•
Corruption
•
Cost-based access
•
Criminal sanctions
•
Cross subsidisation
D
E
ECHR
•
Economic analysis
•
Economic efficiency
•
Effect on trade between Member States
•
Effective judicial protection
•
Environmental protection
•
Essential facility
•
European Competition Network (ECN)
•
Excess prices
•
Exchanges of information
•
Exclusive distribution
•
Exclusive purchasing agreement
•
Exclusive right (Art. 106 TFEU)
•
Exclusivity clause
•
Exhaustion
•
Extra-territoriality
F
I
M
P
Parallel imports (parallel trade)
•
Passing-on
•
Pay-for-delay
•
Periodic penalty payment
•
Personal data
•
Predatory pricing
•
Preliminary ruling (Art. 267 TFUE)
•
Price discrimination
•
Price-fixing agreement
•
Prices
•
Principle of effectiveness
•
Principle of equal treatment
•
Principle of equivalence
•
Principle of proportionality
•
Private enforcement
•
Privatization
•
Procedural autonomy
•
Professional association
•
Public procurement
•
Public undertaking
R
S
Sector inquiry
•
Selective distribution
•
Services of general economic interest
•
Single branding
•
Sole control
•
Spill-over effects
•
Standard-Essential Patent (SEP)
•
State action defense
•
State aid (compatibility)
•
State aid (existing aid)
•
State aid (notification)
•
State aid (notion)
•
State aid (recovery)
•
State aid (tax ruling)
•
State aid (unlawful aid)
•
State measure
•
Sudden break of established business relationships
